TechFlow news, July 15 — According to an official announcement, the Aqua1 Foundation has issued a statement responding to recent rumors regarding its team and operations. The statement confirmed that Dave Lee joined Aqua1 in April 2025 as co-founder and CEO, aligning closely with the team's long-term vision. Aqua1 emphasized its independent operation, with no equity, financial, or operational ties to any unrelated entities. The team is currently collaborating with institutions in the Middle East on project development, though certain details remain undisclosed due to compliance requirements.
Previous report, the previously unknown company Aqua 1, which donated $100 million to WLFI, has been revealed as Web3Port.




